Thursday, February 25, 2016
High State Tax Rate? You Probably Want to Move
Residents of states with higher state tax burdens are more likely to want to move, a new study shows.
Gallup's recently released State of the States 2015 study found that residents of states with the highest aggregated state tax burdens are 10 percent more likely to say they would like to move permanently to another state compared to residents of states with the lowest burdens.
This aggregated state burden includes state income, property and sales tax rates and is based on data from the nonprofit Tax Foundation.
